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Technology Stocks : Check Point Software (CHKP) -- Ignore unavailable to you. Want to Upgrade?

To: tcd who wrote (2065)4/23/1998 1:44:00 PM
From: Mikeh  Respond to of 7150
 
The only thing that might hold off a bounce is that noise about the earnings not being valid. Has anyone seen anything new on that?

If the drop is mostly due to Microsoft's threat, then its way too severe and should bounce back. There was really nothing new in Ballmer's comments, except that he said them.



To: tcd who wrote (2065)4/23/1998 2:00:00 PM
From: Narotham Reddy  Read Replies (1) | Respond to of 7150
 
> upgrade

The Prudential Analyst set a target price $51.



To: tcd who wrote (2065)4/23/1998 2:33:00 PM
From: av ram  Respond to of 7150
 
"Check Point Software Technologies (CHKPF) 34 -7: --UPDATE-- BA Robertson Stephens raises EPS estimates on
provider of policy-based management solutions for active networks after the company posts solid Q1 results; rates issue "buy"
as total revenues grew 125% year-over-year and 4% sequentially; visibility grows in 1999 and expects stock to trade at
around 30x FY99 estimate of $1.74 a share; raises 1998 EPS from $1.40 to $1.49 and 1999 EPS from $1.73 to $1.74 a
share....."


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